Vale Scales Back
As the world economy continues to unravel, Vale (RIO-N) is closing its Copper Cliff South nickel mine in Sudbury, Ont., suspending its Voisey’s Bay nickel operations in Labrador for a month next July,…
Nickel
Editorial: Nickel Cuts Hit Home
The steep fall in nickel prices since July finally translated into production cuts by the majors in Canada’s nickel camps during the week ended Dec. 6, the 49th trading week of 2008.
FNX stops Sudbury nickel production indefinitely
FNX Mining (FNX-T) is halting nickel production at its Levack mine and adjoining McCreedy West mine in Sudbury, Ont…
Vale shuts down nickel mine in Sudbury
As the world economy continues to unravel, Vale (RIO-n) is suspending its Copper Cliff South mine in Sudbury, shutt…
Arctic Star Diamond Pushes Ahead With Nickel Discovery
When junior explorer Arctic Star Diamond (ADD-v) acquired its Credit Lake property — “within sight of Canada’s greatest diamond mines” in the Northwest Territories four years ago–it didn’t expect to…
Duluth Metals’ Nokomis economic, despite low metal prices
A preliminary economic assessment for Duluth Metals’ (DM-T, DM.U-T) enormous poly-metallic Nokomis deposit in…
Citigroup turns bearish across the board (November 17, 2008)
Vancouver– In a new commodity outlook Citigroup Global Markets predicts all base metal markets moving to surplus in 2009, meaning trough cycle prices will dominate through 2009.
Arctic Star Diamond pushes ahead with nickel discovery
Sometimes exploration is like opening a box of chocolates — you never quite know what you’re going to get &n…
Vale slashes iron ore production, trims nickel output
Saying that it is “adjusting to the new global economic scenario,” iron ore giant Vale (RIO-n) is dramatically scaling back its iron ore mining in Brazil in order to cope with an estimated 20% product…
Liberty shuts down nickel mines
Vancouver — Its Redstone mine has been in production for just over a year and its McWatters mine is in preproduction ramp-up, but falling nickel prices have forced Liberty Mines (LBE-t) to put both o…
Editorial: Vale goes easy on Canadian mines
The week ended Nov. 1, the 44th trading week of 2008, was characterized by some relative calm in the global financial markets after seven weeks of incredible turmoil.
Nickel conference seeks clarity on prices
It’s been a pretty wild ride for nickel producers. Over the last eighteen months, nickel values have been erode…